Hardware industry profit climate index reached new low

Hardware industry profit climate index reached new low

From the China Light Industry Information Center on the 6th, it was learned that the profitability index of China's hardware industry continued to decline in November 2014, reaching a record low since 2014.
In October 2014, China's hardware industry boom index for the first time broke through the “stable” regional boundary line that has been maintained since 2013, falling to a “climate” zone, and continuing its downward trend in November, setting the lowest point since 2014.
In the first 11 months of 2014, the total accumulated profits of China's hardware industry increased by 9.79% year-on-year, and the growth rate continued to decline. The accumulated growth rate in the previous October decreased by 0.87 percentage points again.
From the perspective of the type of business registration, the major profits of the Chinese hardware industry in 2014 came from domestic-funded enterprises, and their profit growth was also relatively high, exceeding the average of the industry growth rate. Hong Kong, Macao, and Taiwanese investment companies accounted for the lowest proportion, but the highest growth rate. Among them, the total accumulated profits of domestic-funded enterprises increased by 11.47% year-on-year, and the total accumulated profits of Hong Kong, Macao, and Taiwanese investment companies increased by 14.65% year-on-year. In the same period, the cumulative profits of foreign-invested enterprises showed negative growth.
In addition, from the perspective of the industry, construction, safety metal products manufacturing industry accounted for the highest proportion of profits, more than 40%; enamel products manufacturing the fastest total growth in profits, much higher than other industries; metal daily necessities manufacturing and hand tools The profit growth of the two industries, agricultural gardens and household metal tool manufacturing industries also exceeded the industry average.
In the first 11 months of 2014, the most profitable production areas of China's hardware industry were Guangdong, Shandong, Hebei, Jiangsu, Zhejiang, Henan, Shanghai, Fujian, Jiangxi and Hunan. Completion of total profits accounted for more than 80% of the country's total.

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